Indications are that Nifty may head for 8100+ very rapidly. Possible paths are depicted on the chart.
7740 remains the SL for longs. Shorts however must keep SL at 7975 or 8035 as per own risk appetite.
Showing posts with label Outlook on Nifty. Show all posts
Showing posts with label Outlook on Nifty. Show all posts
Monday 13 October 2014
Nifty on 13 October 2014 : Wolfe Waves - One on Target, Second yet to Launch
The Wolfe Waves aka WWs are depicted in blue and black in the chart below :
Indications are that Nifty may head for 8100+ very rapidly. Possible paths are depicted on the chart.
7740 remains the SL for longs. Shorts however must keep SL at 7975 or 8035 as per own risk appetite.
Indications are that Nifty may head for 8100+ very rapidly. Possible paths are depicted on the chart.
7740 remains the SL for longs. Shorts however must keep SL at 7975 or 8035 as per own risk appetite.
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